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Rogers (Rogers) Total Inventories : $150.9 Mil (As of Mar. 2024)


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What is Rogers Total Inventories?

Rogers's total inventories for the quarter that ended in Mar. 2024 was $150.9 Mil. Rogers's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $152.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Rogers's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $4.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rogers's Days Inventory for the three months ended in Mar. 2024 was 95.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rogers's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.95.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Rogers's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.71.


Rogers Total Inventories Historical Data

The historical data trend for Rogers's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rogers Total Inventories Chart

Rogers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 132.86 102.36 133.38 182.40 153.50

Rogers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 177.09 169.68 157.07 153.50 150.90

Rogers Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Rogers  (NYSE:ROG) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Rogers's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(114.7+0.75 * 159.2+0.5 * 150.9-228.2
-0-0)/18.700
=4.35

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Rogers's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=152.2/145.2*365 / 4
=95.65

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Rogers's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=145.2 / 152.2
=0.95

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Rogers's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=152.2 / 213.4
=0.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Rogers Total Inventories Related Terms

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Rogers (Rogers) Business Description

Traded in Other Exchanges
Address
2225 West Chandler Boulevard, Chandler, AZ, USA, 85224-6155
Rogers Corporation designs develop and manufacture engineered materials and components for sale to original equipment manufacturers and component suppliers. The firm operates in three business segments: advanced connectivity solutions, which manufactures circuit materials for applications in communications infrastructure, automotive, and consumer electronics markets; elastomeric material solutions, which provide cushioning, sealing, and impact protection in automotive, transportation, and construction applications; and power electronics solutions, which sells ceramic substrate materials for power module applications. The firm generates revenue primarily in the United States, China, and Germany, but has a presence around the world.
Executives
Brian Keith Larabee officer: Vice President - EMS 689 PUDDING HILL ROAD, HAMPTON CT 06247
Griffin Melaney Gappert officer: VP, Chief Technology Officer 24 OLD FARMSTEAD RD, CHESTER NJ 07930
Anne K Roby director 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Lauzon Armand F Jr director 227 WEST MONROE STREET, SUITE 2600, CHICAGO IL 60606
Larry L Berger director 1 ECOLAB PLACE, SAINT PAUL MN 55102
Ramakumar Mayampurath officer: SVP, CFO, Treasurer 2225 W CHANDLER BLVD, CHANDLER AZ 85224
Michael Reed Webb officer: SVP & Chief Admin Officer 2225 W CHANDLER BLVD, CHANDLER AZ 85224
Jessica Ann Morton officer: VP, Gen Counsel, Secretary 803 S. 2ND STREET, PHILADELPHIA PA 19147
Lawrence Erwin Schmid officer: Senior VP Global Operations 1863 BENDING STREAM DRIVE, LEAGUE CITY TX 77573
Jeffrey J Owens director 5725 DELPHI DRIVE, TROY MI 48098
Peter C Wallace director C/O ROBBINS & MYERS, INC., 51 PLUM STREET, SUITE 260, DAYTON OH 45440
Gouveia Randall Colin officer: SVP, GM of EMA 2225 W. CHANDLER BLVD.,, CHANDLER AZ 85224
Keith Barnes director 10100 N TANTAU AVE, CUPERTINO CA 95014-2540
Robert C Daigle officer: V.P. R&D and CTO C/O: ROGERS CORPORATION, ONE TECHNOLOGY DRIVE PO BOX 188, ROGERS CT 06263-0188
Bruce D. Hoechner director, officer: President and CEO 2225 W CHANDLER BLVD, CHANDLER AZ 85224

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